BoZ issues currency directives, reinforcing Kwacha use in domestic business transactions By Elijah Munkombwe THE Bank of Zambia (BoZ) has issued the Currency Directives, reinforcing the legal requirement that all domestic transactions be settled in Zambian Kwacha, in accordance with Section 18 of the BoZ Act. In a statement, Friday BoZ Assistant Director of Communications Besnat Mwanza said the Currency Directives, were shaped through extensive consultations with stakeholders across mining, manufacturing, tourism, agriculture, finance and government sectors nationwide. She added that the Currency Directives took effect on December 26, 2025. “Bank of Zambia has issued the Currency Directives, 2025 that take effect on December 26, 2025. This has been done in exercise of the powers contained in Sections 18 and 73 of the Bank...

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